Tag: Group 1 Automotive Inc

AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory

AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory

Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California.Mario Tama | Getty ImagesDETROIT – Shares of [...]
Jim Cramer says falling used car prices suggests inflation could be easing

Jim Cramer says falling used car prices suggests inflation could be easing

CNBC's Jim Cramer on Thursday said that while headwinds facing the used car market make it un-investable, its declining performance is also an indicat [...]
Soaring used vehicle prices haven’t cooled demand

Soaring used vehicle prices haven’t cooled demand

Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl H [...]
Covid-19 crippled U.S. auto gross sales in 2020 but it surely might have been worse

Covid-19 crippled U.S. auto gross sales in 2020 but it surely might have been worse

A automotive vendor reveals a car to prospects at a dealership in Jersey Metropolis, New Jersey.Angus Mordant | Bloomberg | Getty PhotosGross sales [...]
Covid-related stock crunch has been ‘neatest thing’

Covid-related stock crunch has been ‘neatest thing’

The auto business has skilled the coronavirus pandemic in two distinct chapters. Early on, it devastated gross sales and shuttered factories. Then, [...]
Jim Cramer reveals his prime shares in 7 under-the-radar bull markets

Jim Cramer reveals his prime shares in 7 under-the-radar bull markets

CNBC's Jim Cramer on Thursday highlighted a number of components of the market the place he sees inventory costs rising and may proceed to rise, wh [...]
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